摘要
针对中国上市公司自愿为审计师提供餐旅费的现象,基于手工搜集的餐旅费数据,本文实证研究了这一超乎社会礼仪的好客行为是否系统性地导致了上市公司会计信息透明度的降低。研究结果表明,为审计师提供餐旅费的上市公司的信息披露透明度显著的更低。本文采纳差分模型进一步控制可能的内生性,发现结论保持不变。区分最终控制人性质的回归结果表明,相对于民营上市公司,国有上市公司为审计师提供餐旅费显著降低了信患披露的透明度。
This paper manually collects data of hospitality which the auditors receive from their clients and then em- pirically studies whether the behavior which is not commensurate with normal courtesies of social life systematically impairs the transparence of disclosure. The empirical results show that the transparence of disclosure of the listed companies who provide hospitality for auditors is significantly impaired. To control the possible endogeneity, we also use differential model to further guarantee the results. Grouping sample by the ultimate owners, we find that the hospitality influence on transpar- ence of disclosure of state-owned enterprises is significant relative to non-state-owned enterprises.
出处
《经济与管理研究》
CSSCI
北大核心
2012年第8期115-123,共9页
Research on Economics and Management
基金
国家自然科学基金项目"制度环境
政治联系
会计信息质量与审计行为"(71072053)
教育部人文社科基地重大项目"制度环境
会计准则变迁与会计信息的契约有用性及决策有用性研究"(2009JJD790040)
关键词
餐旅费
信息透明度
审计独立性
Catering and Travel Expense
Information Transparence
Auditor Independence